the dates for danger

Recently Gann45 gave me some cycle information relating to US markets.

While looking at them I made a small but potentially profitable observation.

Looking at the SP500 (I haven't looked at other indexes) it appears that every 81 weeks there is a particularly nasty period that lasts about three weeks.

If the market is going up then it is a sharp 3 week correction and then the market will continue up but if the market is going down then it is period of acceleration downwards when a lot of damage can be done.

This next starts in the week ending 28/04/06 and ends in the week ending 19/05/06.

The next US Fed meeting is 09/05/06 when the hope is that there will be no hike or that it will be the last.

My suspichion is that they will be dissapointed and hence a nasty fall.

I do note that IF yesterday was an important high and we get a 45 cal day correction here like last year then that would complete on 12/05/06 just after that Fed meeting.

I would prefer a 17/04/06 top and 01/06/06 bottom but the market doesn't always do what I tell it.